31657 Ridge Route Rd | 84 Units | Built 1991
31657 Ridge Route Road is a well-maintained 84-unit community situated on a 3.28-acre site in the heart of Castaic. The property offers a highly desirable mix of one, two, and three-bedroom units. Residents enjoy a community pool and on-site parking, supporting strong renter appeal and everyday convenience. The community also participates in a RUBS program and is enrolled in SCEP, reinforcing efficient operations and cost control.
Current rents reflect approximately 27% rental upside, creating substantial room for revenue growth through unit turnover, targeted improvements, and strategic repositioning. With its expansive site, large unit layouts, and central Ridge Route Road location, 31657 Ridge Route Road serves as the portfolio’s high-density anchor and a standout value-add opportunity within the Castaic market.